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$ALT Precisely capturing a 23.74% increase, I called it, did you follow along?
This position entered at 0.007261 and has now surged, with open interest (OI) skyrocketing by 35.7% in a single day, matching the price rally. I already mentioned this smart money building positions—whales are frantically increasing volume to buy ad space, with their holdings in place; retail traders can't keep up with this rhythm.
Funding rates are negative, with shorts paying longs; when is the right time to enter if not now?
The holding process is the true test of patience.
Initially, the unrealized profit peaked at only 0.47%, then it retraced to -0.5%, repeatedly bouncing near the breakeven point.
In my second opinion, I even saw a reversal midway—by then, many probably had already cut losses and exited.
But I said, as long as you’re patient and willing to hold, you must also have the courage to keep holding after buying; whales won’t wait for you to get on board before pushing the price up.
Now all positions are closed, with a 23.74% gain, but unfortunately I took profits in stages.
The biggest takeaway isn’t how much I made, but that once again, it confirms a principle:
The opportunities in altcoins are hidden in the anomalies of open interest.
Understand them, and it’s a cash machine; fail to understand, and it’s a meat grinder.
Next time, keep an eye on the divergence between trading volume and funding rates—these low-level building signals only appear a few times a year.